How We Protect Intellectual Property
I just applied for my 6th patent, so I guess that qualifies me as a serial inventor. I’ve learned a lot about protecting intellectual property over the past 15 years. Intellectual property, or IP, covers a broad range of information that a company would like to keep proprietary. In our case, the IP is patents on ideas about the use of electromagnetic field disturbance technology. Patents are public information, although the U.S. patent office has recently changed it’s software to make it harder to search for patents. If you’re a company, Intellectual Property also includes things like your client list, your supplier list, your manufacturers and even your employee training.
In the case of EMF Disturbance Monitors, our IP protection gives us an advantage over potential competitors by assuring that our technology cannot be copied by another company without licensing. That protection is not indefinite and usually lasts 20 years. That means we have to design, test, manufacture and sell our systems within 20 years to take advantage of IP protection. In 20 years, our technology is likely to have changed significantly and additional IP protection may be needed. For now, our employees and investors can be confident that we are the only company licensed to manufacture and sell electromagnetic field disturbance systems in the U.S and abroad.
As our company matures, we anticipate that we will develop different kinds of Intellectual Property like software algorithms, new electromagnetic field generators, new sensor arrays and applications for other medical conditions like sports medicine. It’s exciting to think that this novel and potentially disruptive technology will expand the production of intellectual property and the need to protect it. We’re grateful that our consulting engineers have nearly completed the first prototype of EMF disturbance technology for a cardiac application. In the spring of 2024, our animal trials should be completed and we will begin scheduling human volunteer trials. Keep up with our quest for producing new IP by following us on our web site.
